Gold in recent months has been stuck in a trading range between $1,675 and $1,750 an ounce - disappointing many bullish investors and quite a few gold-market analysts (like myself) who had expected the yellow metal to be ending the year approaching – or even exceeding – its all-time high-water mark near $1,924 recorded back in September of 2011.
Recent attempts to rally higher have been thwarted by stepped-up speculative selling and softer physical demand with many buyers now conditioned to wait for the next dip...............................................Full Article: Source